It’s time to whip out the turkey baster — the holiday season is officially here. As you wind down with your loved ones after a tumultuous year in the crypto space, you’re probably in for a few fascinating (possibly even heated) discussions about Bitcoin, blockchains...
After several months of headwinds for the crypto space, the historical collapse of Sam Bankman-Fried’s FTX crypto exchange in early November added fuel to the bear market’s fire. While FTX’s collapse has negatively impacted many actors in the industry, the true extent of the collateral...
After the enormous damage served to the crypto ecosystem this past week, we feel a responsibility to detail the standards, operating principles, and values surrounding trust and transparency at Kraken. As a company deeply rooted in crypto values, we have always encouraged our clients to...
Given the current discussion regarding solvency, we wanted to explain the systems we have in place to ensure that assets on our exchange are readily available to you at any time and especially during times of uncertainty. First, it is important to note that Kraken...
World-class security and protection for our clients have been at the heart of Kraken’s mission since our inception 11 years ago. With the motto security above everything, Kraken has earned trust among crypto investors with one uncompromising priority: the safeguarding of client funds. Eleven years...
Bouncing back from September’s performance, October 2022 trended positively for cryptoassets overall. All sectors saw positive returns ranging between +1% to +69% as BTC and ETH gained +6% and +20% respectively over the course of the month. While the green candles piled up across all...
We’re thrilled to announce that Kraken NFT is now live for a select group of beta testers. After waiting patiently for the chance to experience the marketplace, Kraken NFT Beta testers will have exclusive access to explore, trade and secure NFTs from the most popular...
Ever wondered what goes behind throwing one of the largest virtual festivals with some of the biggest names in music? Here’s your chance to find out! Join Kraken’s CMO, Mayur Gupta in Decentraland’s “Behind the Scenes” Twitter Space on Nov. 3rd at 12pm ET to...
When Satoshi Nakamoto released the Bitcoin white paper on this day in 2008, they proposed a novel system for a global digital form of money. The leaderless, nonpartisan network of Bitcoin nodes now maintains a truly borderless and permissionless monetary system. Since the very first...
The opportunity to witness Ozzy Osbourne’s onstage shenanigans seldom knocks twice and we’re making sure you get to tick that experience off your bucket list. This year we’re excited to present Decentraland’s Metaverse Music Festival with performances from Soulja Boy on the Limewire Stage, Dillon...
Following several months of headwinds for the crypto space, the crypto market trended lower in September. ETH fell significantly more than BTC as Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. ETH sold off sharply post-Merge in classic “buy the rumor, sell...
Hot on the heels of August, September 2022 also trended negatively for cryptoassets overall. Based on market capitalization, all sectors saw negative returns for the month, ranging from -14% to -1%. Following the overall crypto market trend, NFT market activity also slowed in August. Average...
“Cryptocurrency remains an important humanitarian tool, especially at a time when many around the world can no longer rely on traditional banks and custodians.” – Jesse Powell, Kraken Co-founder and CEO On March 9, 2022, we announced an ambitious aid package as Kraken distributed $1,000...
Kraken is proud to announce that it has become a Diamond Sponsor of the Anti-Human Trafficking Intelligence Initiative (ATII), a U.S.-based nonprofit that harnesses intelligence to help financial institutions, technology firms and cryptocurrency exchanges combat human trafficking and child exploitation. “Kraken’s partnership with ATII will...
After a rigorous internal and external search over the past year, Kraken is thrilled to announce that our COO Dave Ripley will succeed Kraken’s Co-founder and CEO Jesse Powell, who will become chairman of the board of directors. Dave has been building the future of...
We’re quickly approaching The Merge, the most notable upgrade in Ethereum’s history and a crucial turning point for the wider crypto industry. As the Ethereum blockchain transitions from proof-of-work (PoW) to proof-of-stake (PoS), The Merge is expected to be the bedrock upon which Ethereum’s scalability...
Over the last few months, the crypto industry faced numerous headwinds. These included the death spiral of the Terra ecosystem, the insolvency of over-leveraged hedge fund Three Arrows Capital, and major crypto lending platforms – like Celsius, BlockFi, Voyager and Vauld – taking drastic measures...
After July’s green candles, August 2022 resumed a downward trend for cryptoassets across the board. Bitcoin, Ethereum and the rest of the crypto market saw negative returns for the month. Prices of BTC (-14%) and ETH (-8%) decreased after July’s gains. Metaverse (-23%) and DeFi...